Rare investment opportunity in prime Sunset Park! Located steps to Sunset Park and the R train at 53rd Street, 5116 6th Avenue is a wise investment you can hold for generations. Meticulously maintained and well cared for, the current set-up at 5116 6th Ave is three floor-through apartments. Each apartment boasts hardwood floors, two bedrooms, and generous living and dining areas. The ground floor apartment has direct access to the building's basement and large garden. With three residential units, 5116 6th Avenue generates a 4.5% cap rate. The ground-floor was used as a store front in the past, so potential exists in this versatile space to realize your dreams. Bring your architect to explore the possibilities! The tenants in units 2 and 3 are in place through the summer. Their leases expire 6/30 and 8/31, respectively. Set-up available upon request.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
